NDQ Revised Elliott Count
I've moved my Minor B to a to-be-completed spot. Currently in a minuette wave 5 of minute c of the minor B. The RSI suggests we're topping wave 3 of the minuette c, I'm looking for divergence on the RSI before calling wave 5 of c, preferably remaining under 80 (the RSI). I remain neutral until this sequence is clear.
Despite the market moving closer to ATH's, the breadth remains abysmal. It is only a handful of shares pushing the market higher, infact, on a broader view, in the NYSE there are more shares doing 52 week lows than highs. History has a way of repeating its self.
Despite the market moving closer to ATH's, the breadth remains abysmal. It is only a handful of shares pushing the market higher, infact, on a broader view, in the NYSE there are more shares doing 52 week lows than highs. History has a way of repeating its self.
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